ADA.to On the dip and could be ready for a move. High grade Lead and Zinc mining commenced May 07 and is currently.
operating at 2,000 tonnes per day. Projecting 60 million / yr cash flow in 2008 plus the bonus Scotia Goldfields project containing four advanced gold properties.
Catalysts other than the new cash flow,
An inferred resource estimate compliant with National Instrument 43-101 is expected to be completed on the Getty Deposit before the end of October, 2007.
Results of a first phase scoping study on the open pit potential of Beaver Dam gold property is expected in late November, 2007. A metallurgical test program on Beaver Dam gold mineralized material is expected to be completed by the year end.
The Scotia Mine will operate initially as an open pit mine and is expected to produce 30,000 tonnes of high grade zinc concentrate and 10,000 tonnes of high grade lead concentrate per year.